2165 Professional DrCorvallis, OR 97330

Property Details for 2165 Professional Dr

Year built

2005

Lot size

0.36 AC

Property size (Sq ft)

7,070 SF

Zone code

PD(P-AO)

Property type

Office properties

APN

11527AB13000

APU

11527AB13000

Description

This exceptional Class A office building, constructed in 2005, offers a total of 7,070 square feet across two stories. Currently, a single contiguous space of 2,910 square feet is available on the second floor, ideal for a variety of professional uses. The building is zoned PA-O (Professional Office) and situated in Benton County's thriving Timberhill professional area, providing excellent visibility and accessibility. The property boasts convenient on-site surface parking, ensuring ample parking for tenants and their clients. A prominent street-front sign offers excellent exposure for businesses seeking enhanced brand recognition. The building lacks elevators. The owner is open to subdividing the available space to accommodate smaller tenants. This presents a unique opportunity for businesses seeking a modern, well-located office space in a growing area. The address is 2165 NW Professional Dr, with a cross street of NW Kings Blvd. This is a multiple-tenancy building.

• CAP approach

  CAP return

  Valuation

  6%

  $1,298,849

  6.5%

  $1,198,938

  7%

  $1,113,299

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,113,554

  Geo Method

  $1,811,546

• Alternative Use

  Use

  Valuation

  Residential

  $1,486,683

  Hospitality

  $1,361,793

  Educational

  $1,132,996

  Medical

  $1,171,962

  Retail

  $1,762,438

Location Insight

City

Corvallis

County

Benton

State

Oregon

Latitude

44.5915

Longitude

-123.277

CBSA code

18700

CBSA name

CORVALLIS, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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